Annual Report and Accounts

Overview

The report describes Pharos Energy's 2022 farm-down of a 55% interest in its Egyptian assets to IPR, leaving the Group with a 45% working interest. It records the company's formal commitment to achieve net zero Scope 1 and 2 emissions from existing and future assets by no later than 2050. The report gives total 2022 GHG emissions of 109,539 tonnes CO2e on an equity-share basis and reports one environmental spill in Egypt.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: Ends 31 December 2022
Publication date: 21 March 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

CDP score

Materiality

Assessment
Basis

Assurance

Provider
Scope
Statement included
Metrics assured

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